Galaxy Surfactants Limited which is tapping the capital markets with its offer for sale completed allocation to anchor investors. The company is offering 63,31,674 equity shares in a price band of Rs 1,470 – 1,480. The issue opens on Monday the 29th of January and closes on Wednesday the 31st of January, just before the budget is presented on Thursday the 1st of February.

The company allotted 18,99,500 equity shares to 25 anchor investors comprising of 30 entities. The issue was very well subscribed. The highest allotment made is of 1lakh shares which is 5.3% of the anchor allotment and has been made to a number of people confirming the demand for the share. This is in stark contrast to the allotment made to a mere three anchor investors when the company had made its first attempt to tap the markets in May 2011 and then withdrawn when the QIB portion remained undersubscribed.

The full list of anchor allotment and the number of shares is given below: –